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These products.S&P® is a registered trademark of Standard & Poor’s Financial Services LLC (“S&P”) and “Dow Jones®” is a registered trademark of Dow Jones Trademark Holdings LLC (“Dow Jones”) and have been licensed for use by S&P Dow Jones Indices LLC and its affiliates and sublicensed for certain purposes by BlackRock Fund Advisors or its affiliates (“BlackRock”). The Dow Jones Asia/Pacific Select Dividend 30 Index, Dow Jones Industrial AverageSM and Dow Jones Emerging Markets Select Dividend are products of S&P Dow Jones Indices LLC or its affiliates, and have been licensed for use by BlackRock. The iShares Asia Pacific Dividend UCITS ETF, iShares Dow Jones Industrial AverageSM UCITS ETF and iShares Emerging Markets Dividend UCITS ETF (the “Funds”) are not sponsored, endorsed, sold or promoted by S&P Dow Jones Indices LLC, Dow Jones, S&P, their respective affiliates, and none of S&P Dow Jones Indices LLC, Dow Jones, S&P nor their respective affiliates makes any representation regarding the advisability of investing in the Funds. BlackRock is not affiliated with the companies listed above. Index data source: S&P Dow Jones Indices LLC.The “Dow Jones Sustainability World Enlarged Index ex Alcohol, Tobacco, Gambling, Armaments, Firearms and Adult Entertainment SM and Dow Jones Sustainability Europe Enlarged Index ex Alcohol, Tobacco, Gambling, Armaments, Firearms and Adult Entertainment SM" is a joint product of Dow Jones Indexes, the marketing name and a licensed trademark of CME Group Index Services LLC ("CME Indexes"), and SAM Indexes GmbH (“SAM”), and has been licensed for use. "Dow Jones®", "[DJSI

Index]SM" and "Dow Jones Indexes" are service marks of Dow Jones Trademark Holdings, LLC ("Dow Jones") and have been licensed to CME Indexes and sublicensed for use for certain purposes by BlackRock Advisors (UK) Limited. Dow Jones, CME Indexes, SAM and their respective affiliates have no relationship to [licensee], other than making of the “Dow Jones Sustainability World Enlarged Index ex Alcohol, Tobacco, Gambling, Armaments, Firearms and Adult Entertainment SM and Dow Jones Sustainability Europe Enlarged Index ex Alcohol, Tobacco, Gambling, Armaments, Firearms and Adult Entertainment SM"(the "Index") and their respective service marks available for use in connection with the iShares.The Dow Jones-UBS Commodity IndexesSM are a joint product of Dow Jones Opco, LLC (“Dow Jones Opco”), a subsidiary of S&P Dow Jones Indices LLC, and UBS Securities LLC (“UBS”), and have been licensed for use. Dow Jones® and DJ are trademarks of Dow Jones Trademark Holdings LLC. UBS® is a registered trademark of UBS AG. S&P® is a registered trademark of Standard & Poor’s Financial Services LLC. BlackRock Asset Management Deutschland AG's iShares Dow Jones-UBS Commodity Swap UCITS ETF (DE) based on the 0, is not sponsored, endorsed, sold or promoted by Dow Jones, UBS, Dow Jones Opco or any of their respective subsidiaries or affiliates, and none of Dow Jones, UBS, Dow Jones Opco or any of their respective affiliates, makes any representation regarding the advisability of investing in such product.Euronext Indices B.V. has all proprietary rights with respect to the AEX-index® (the 'Index'). In no way Euronext

600 Insurance, STOXX® Europe 600 Media, STOXX® Europe 600 Oil & Gas, STOXX® Europe 600 Personal & Household Goods, STOXX® Europe 600 Real Estate Cap, STOXX® Europe 600 Retail, STOXX® Europe 600 Technology, STOXX® Europe 600 Telecommunications, STOXX® Europe 600 Travel & Leisure, STOXX® Europe600, STOXX® Europe 600 Utilities, STOXX® Europe Large 200, STOXX® Europe Mid 200, STOXX® Europe Select Dividend 30, STOXX® Europe Small 200, STOXX® Global Select Dividend 100 and STOXX® Americas 600 Real Estate Cap indices and the trademarks used in the index names are the intellectual property of STOXX Limited, Zurich, Switzerland and/or its licensors. The indices are used under license from STOXX. The securities based on the indices are in no way sponsored, endorsed, sold or promoted by STOXX and/or its licensors and neither STOXX nor its licensors shall have any liability with respect thereto."Dow Jones" and Dow Jones Asia Pacific Select Dividend 30, Dow Jones China Offshore 50, Dow Jones Global Titans 50, Dow Jones Industrial Average and Dow Jones U.S. Select Dividend are licensed for use for certain purposes by BlackRock Asset Management Deutschland AG.iShares Dow Jones Asia Pacific Select Dividend 30 UCITS ETF (DE), iShares Dow Jones China Offshore 50 UCITS ETF (DE), iShares Dow Jones Global Titans 50 UCITS ETF (DE), iShares Dow Jones Industrial Average UCITS ETF (DE) and iShares Dow Jones U.S. Select Dividend UCITS ETF (DE) are not sponsored, endorsed, sold or promoted by Dow Jones and Dow Jones makes no representation regarding the advisability of investing in

The Dow Jones Industrial Average reached a milestone Thursday that seemed unfathomable a year ago.A trader at the New York Stock Exchange on Thursday, May 16, 2024, as the DOW reached 40,000.Courtney Crow / NYSEThe 30-stock benchmark broke above 40,000 for the first time. The move comes as investors cheer the prospects of artificial intelligence boosting corporate profits and the Federal Reserve possibly cutting rates later this year as inflation eases further from its pandemic highs.It’s been a long and winding road for the Dow to climb to these levels. Here’s a look at the Dow’s trajectory over the past 20,000 points.The Dow first closed above 20,000 in early 2017, as investors began pricing in lower corporate taxes in the U.S. under former President Donald Trump. Those expectations were met toward the end of that year and also drove the Dow above 25,000 by January 2018.However, the Dow struggled in 2018 after the excitement around lower taxes faded, with trade tensions between China and the U.S. rising and the Federal Reserve raising interest rates. The Dow finished the year down more than 5%.In 2019, the stock market recovered as the Fed pivoted away from raising rates. By early 2020, the Dow was nearing 30,000 — reaching a high of 29,551.42 on Feb. 12, 2020.Then came the Covid-19 pandemic. The Dow tumbled 38% from its February 2020 intraday peak to a low of 18,213.65 in March 2020.Over the following months, the benchmark would recover as progress on Covid vaccine development ramped